COVID-19 Webinar Summary: 5 Key Points on the Middle East & Africa Hotel Performance, 26 May

COVID-19 Webinar Summary: 5 Key Points on the Middle East & Africa Hotel Performance, 26 May



While all regions of the world are, generally, posting improvements in average daily rate, Mainland China’s ADR (US$109.85) was the highest on a 28-day average (ending 16 May) when indexed to 2019. The Middle East (US$96.65) and the U.S. (US$85.48) ranked second and third, respectively, during the same 28-day period.

Infographic - Source - STR - Global ADR performance

COVID-19 webinar summary: 5 key points on the Middle East & Africa hotel performance, 26 May

Excerpt from STR

ADR Recovery

While all regions of the world are, generally, posting improvements in average daily rate, Mainland Chinas ADR (US$109.85) was the highest on a 28-day average (ending 16 May) when indexed to 2019. The Middle East (US$96.65) and the U.S. (US$85.48) ranked second and third, respectively, during the same 28-day period.

Ramadan demand peak

From the week ending with 10 May through the week ending 16 May, Middle East hotels sold more than 1.5 million room nights.

Dubai resilience

Throughout the pandemic, Dubai have seen steady occupancy improvement, once again proving the markets resilience. The market posted an occupancy level of 63.6% for the week ending with 16 May.

Click here to read complete article at STR.

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